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Montanari Lifts Components Engineer salaries in India

Annual salary range
3 - 6 years exp.
₹2.8 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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47% less than the average Engineer Salary in Industrial Machinery Companies for 3 - 6 years of experience

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Last Updated: 23 Aug 2024

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View all
Engineer salary at Montanari Lifts Components ranges between ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Montanari Lifts Components.

Latest annual salaries shared by Montanari Lifts Components Engineer

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Experience wise Montanari Lifts Components Engineer salaries

Last Updated: 23 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.1 L/yr

Similar Designation salaries in Montanari Lifts Components

Officer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹1.8 L/yr - ₹5 L/yr
Junior Engineer Salary
(13 salaries)
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₹1.7 L/yr - ₹3.6 L/yr
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₹2.9 L/yr - ₹4.25 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Electrical Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹1.8 L/yr - ₹5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr

Salary related reviews for Montanari Lifts Components

Production, Manufacturing & Engineering Department

5.0
  •  posted on 15 Apr 2019

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.I love the fact that I am a part of a team that markets reliable,high quality products and has a globle client base.Another plus point is that my colleagues comes from various cultural backgrounds and we work happily in collaboration.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Compensation is decent, but growth is slow.Managers do not value an individuals unique strengths,which is why I have take back my suggestions most of times.

read more
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Montanari Lifts Components Engineer Salary FAQs

What is the salary of Engineer at Montanari Lifts Components ?
The average salary of a Engineer at Montanari Lifts Components in India typically ranges from ₹2.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Engineer at Montanari Lifts Components earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Engineer Salaries at Montanari Lifts Components can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Montanari Lifts Components employees in India.
What is the estimated take home salary of a Engineer at Montanari Lifts Components in India?
The estimated take-home salary of a Engineer at Montanari Lifts Components in India typically ranges from ₹22,074 to ₹23,556 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Montanari Lifts Components. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Montanari Lifts Components for Engineer in India?
AUTOMATION ENGINEERS A.B. (P) ₹19.2 Lakhs to ₹21.7 Lakhs per year
Sidel ₹11.0 Lakhs to ₹18.0 Lakhs per year
Kelvion ₹4.8 Lakhs to ₹7.6 Lakhs per year
Mitsubishi Heavy Industries ₹3.5 Lakhs to ₹7.3 Lakhs per year
Wittur Elevator Components ₹4.1 Lakhs to ₹7.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Montanari Lifts Components, depending on the role and experience level.
What is the salary of a Engineer in companies similar to Montanari Lifts Components in India?
The salary of a Engineer at companies similar to Montanari Lifts Components in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Doosan Bobcat India ₹4.0 Lakhs to ₹6.3 Lakhs per year
NSK ₹4.9 Lakhs to ₹6.5 Lakhs per year
Liebherr Appliances India ₹3.5 Lakhs to ₹7.0 Lakhs per year
River Engineering ₹2.8 Lakhs to ₹6.3 Lakhs per year
Trelleborg ₹3.8 Lakhs to ₹5.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Engineer at Montanari Lifts Components in India?
The salary growth for a Engineer at Montanari Lifts Components depends on factors such as experience, performance, and promotions. On average, a Engineer can expect the following growth trajectory at Montanari Lifts Components:

Experience Average Salary Range
3 years ₹3.0 Lakhs to ₹6.0 Lakhs per year
4 years ₹2.9 Lakhs to ₹3.5 Lakhs per year
5 years ₹2.9 Lakhs to ₹5.4 Lakhs per year
6 years ₹2.8 Lakhs to ₹5.1 Lakhs per year
and so on.

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Montanari Lifts Components Engineer salary in India ranges between ₹2.8 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Montanari Lifts Components latest salaries received from various employees of Montanari Lifts Components.